ICG Enterprise Trust Regulatory News (ICGT)

25 May 2006 10:27

Graphite Enterprise Trust PLC25 May 2006 ANNOUNCEMENT TO STOCK EXCHANGE GRAPHITE ENTERPRISE TRUST PLC 25 May 2006 The Board of Graphite Enterprise Trust PLC announces that the net asset valueper share as at 31 March 2006 was 414.3p, after the accrual of the dividendannounced on 15 March 2006 of 4.3p per share. This represents an increase innet asset value per share of 4.0% in the three months to 31 March 2006 andcompares with a rise of 7.1% in the FTSE All-Share Index in the quarter. The summary balance sheet as at 31 March 2006 is set out below: £m % of total assets Investment portfolio 173.0 48.3% FTSE 100 Call Option 26.7 7.4% Total portfolio 199.7 55.7% Net current assets 158.6 44.3% Total assets 358.3 100.0% In the three months to 31 March 2006, additions to the investment portfolio were£28.8 million, and disposals were £41.1 million. New commitments to funds were£61.1 million, taking total commitments at 31 March 2006 to £179.7 million. Following the recent falls, the FTSE All-Share Index is now at almost exactlythe same level as it was at the beginning of the year. We estimate that the netasset value of the company has risen slightly in the year to date. This information is provided by RNS The company news service from the London Stock Exchange